Home » Past Questions » Commerce » The agreed amount payable to a policy holder when the event insured against occu...

The agreed amount payable to a policy holder when the event insured against occu...


Question

The agreed amount payable to a policy holder when the event insured against occurs is?

Options

A) surrender value

B) sum assured

C) indemnity

D) insurable interest

E) endowment

The correct answer is B.


More Past Questions:


Discussion